Daily Archives: April 13, 2020

Good discussion of historical precedents and probable market paths from here. John Hussman, Ph.D discusses his valuation framework, the problematic 12-year expected equity returns, the most likely inflation outcome and shows why we’re a long way from a slam-dunk buying … Continue reading →

All types of debt have exploded in recent years due to indiscriminate lending and appetite for excessive borrowing which enabled an epic wave of real estate speculation and household spending.  This was always doomed to end in a firestorm of … Continue reading →